Grovalue Securities Franchise business can be started with a deposit of Rs. 50000 as the firm has kept its minimum security deposit requirement at a lower level.
The earning potential at this stage for the Grovalue Securities sub-brokers is 50% while with the increase in the security deposit to the maximum of Rs. 100000, the earning potential will also increase by up to 70%.
The private full-service broker based out of Mumbai was first started by Ankit Sethi in the year 2016. It is a very new share brokerage firm with new investment schemes and products that you can deal with.
The time taken for activating the code for the sub-brokers is 28 days while the payments are made within 30 days only.
| Grovalue Securities Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.50,000 – Rs.100,000 |
| Revenue Sharing | 50% – 70% |
| Payout Time | 30 Days |
| SB Code Activation Time | 28 Days |
What do you know about Grovalue Securities Franchise?
| Grovalue Securities Business Partner Overview | |
| Here is the overview of Grovalue Securities Franchise | |
| What type of Company is it? – Public / Private | Private |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | Mumbai, Maharashtra |
| Who is the Founder? | Ankit Sethi |
| What is the year of establishment? | 2016 |
| How many days does it take for SB Code Activation? | 28 Days |
| How many days/weeks it takes for Payout? | 30 Days |
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What are the various Business Models that Grovalue Securities Sub Broker Program provides?
| Grovalue Securities Franchise Business Models | |
| Know about various Business Models of Grovalue Securities | |
| Is the Sub Broker business model available? | Yes |
| Do they provide Referral Program? | Yes |
| Do they provide Master Franchise Model? | Yes |
| Does this broker provide Partner / Remisier model? | No |
How does Grovalue Securities Sub Broker Revenue Sharing work?
| Grovalue Securities Sub Broker Revenue Sharing | |
| Find the details of Grovalue Securities Sub Broker Commission for all Business Models | |
| What is the revenue sharing for Sub Broker program? | 50% – 70% |
| Do they provide revenue sharing or direct pay for Referral Program? | 15% |
| How much is the revenue sharing Master Franchise business? | 75% – 85% |
| How much is the revenue sharing required for Partner / Remisier model? | NA |
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What is the Grovalue Securities Business Partner Security Deposit requirement?
| Grovalue Securities Franchise Security Deposit | |
| Check the Grovalue Securities Franchise cost requirement for each business model | |
| How much is security deposit required for Sub Broker Program? | Rs.50,000 – Rs.100,000 |
| Is there any security deposit required for Referral Program? | Zero |
| What is the initial investment required for Master Franchise Model? | Rs.200,000 – Rs.500,000 |
| What is the deposit required for Partner / Remisier Model? | NA |
What are the various Offers rolled out by Grovalue Securities Authorised Person Program?
| Grovalue Securities Sub Broker Offers | |
| Here is the list of Grovalue Securities Franchise offers available to the clients | |
| Do they provide Flexible Revenue Sharing offer? | Yes |
| Are they providing Flat Revenue Sharing offer? | No |
| Do they offer Zero Revenue Sharing model with Prepaid payment? | No |
| Do they provide Zero Deposit scheme? | Yes |
| Are they offering 10k Initial Deposit scheme? | No |
Check out the various offers of other Sub Broker Providers
What are the various Supports provided to Grovalue Securities Business Partner?
| Grovalue Securities Business Partner Support | |
| Here are the various Support Grovalue Securities Franchise needs to provide to their clients | |
| Do they provide Acquisition Training to their associates? | Yes |
| Do they provide Training for Dealers of their sub brokers? | No |
| Are they providing Product Training for their business partners? | Yes |
| Do they provide Back-Office Support for their authorised person? | Yes |
| Are they providing Trading Support to their business partners? | Yes |
| Are they sharing Advisory Support with their partners? | No |
| Does the broking house provide Marketing Support to their sub brokers? | Yes |
Which is the Infrastructure required for Grovalue Securities Sub Broker Program?
| Grovalue Securities Partner Infrastructure Requirement | |
| Find the various Infra required to take up Grovalue Securities Franchise | |
| What is the Employee Strength needed to start this franchise? | Minimum 3 |
| Do the Sub Broker needs to provide Trading Terminals? | No |
| Is the Internet Connection mandatory to take up franchise? | Yes |
| Are Telephone Lines mandatory for Business Partners? | Yes |
| Is it mandatory to provide Research Services by Sub Broker? | Yes |
| How much is the size of Office Area required to become a Sub Broker? | Minimum 200 Sq Ft |
Find out the basic requirements of other Stock Broking Franchise
What are the brokerage charges levied on the Clients of Grovalue Securities Partners?
| Grovalue Securities Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by Grovalue Securities Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.025% – 0.055% |
| How much are Equity Delivery charges? | 0.25% – 0.55% |
| How much is the charge levied on Equity Options? | Rs.25 – Rs.55 per Lot |
| How much are the Currency Options charges? | Rs.25 – Rs.55 per Lot |
| What are Equity Futures charges? | 0.025% – 0.055% |
| What are the charges levied on Currency Futures? | 0.02% – 0.05% |
| What are the charges levied on Commodity Trading? | 0.02% – 0.05% |
What is the Account Opening Charges Levied to the clients of Grovalue Securities Sub Broker?
| Grovalue Securities Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by Grovalue Securities Franchise to their clients | |
| What are the Account Opening Charges? | Rs.250 |
| What is the Margin Money required? | Minimum Rs.15,000 |
| What is the charge for Demat AMC? | Rs.600 per Annum |
| how much are Trading AMC charges? | Free |
| How much is the Transaction Charges levied? | 0.00% |
What are the Customer Ratings of the Grovalue Securities Authorised Person Program?
| Grovalue Securities Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Grovalue Securities | |
| According to Revenue Sharing Model of the Franchisor | 2.5 / 5 |
| Ratings as per Security Deposit provided by the company | 2.2 / 5 |
| As per Experience in the Sub Broker Business | 2.4 / 5 |
| As per Offers provided by the Broking Franchise | 2.4 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 2.2 / 5 |
| Overall Ratings of the Sub Broker Franchise | 2.4 / 5 |
| Star Ratings | ★★★☆☆ |
Grovalue Securities Franchise Conclusion
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